South African SMBs Confidently Chart Growth Amid Economic Uncertainties
Despite rising costs and global challenges, South African SMBs remain optimistic about the future as they ramp up digital investments
Business confidence among South African SMBs remains strong at 78%, but opportunities abound to boost productivity and accelerate digital transformation.
AI adoption gains traction, with two-thirds of South African SMBs investing in AI over the past year.
Improved efficiency drive optimism, with 44% of SMBs citing it as a key factor behind their confidence.
In an ever-changing economic landscape, South African (SA) Small and Medium Businesses (SMBs) are proving their resilience and adaptability. Sage’s annual survey of 12,000 small and medium sized business leaders globally – ‘Small Business, Big Opportunity’ - reveals that 78% of SA SMBs ar...